Amir Adnani - Jul 6, 2023 Form 4 Insider Report for URANIUM ENERGY CORP (UEC)

Signature
/s/ Amir Adnani
Stock symbol
UEC
Transactions as of
Jul 6, 2023
Transactions value $
-$201,847
Form type
4
Date filed
7/10/2023, 08:15 PM
Previous filing
Mar 24, 2023
Next filing
Aug 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEC COMMON STOCK Options Exercise $612K +400K +11% $1.53 4.04M Jul 6, 2023 Direct F1
transaction UEC COMMON STOCK Tax liability -$612K -181K -4.47% $3.39 3.85M Jul 6, 2023 Direct F1
transaction UEC COMMON STOCK Tax liability -$202K -59.5K -1.54% $3.39 3.8M Jul 6, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UEC OPTIONS Options Exercise -400K -36.36% 700K Jul 6, 2023 COMMON STOCK 400K $1.53 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person exercised options previously granted to him under the Company stock incentive plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provision of such plan. As such, the Issuer withheld 180,531 shares at a fair market value of $3.39 per share being equal to the exercise price, and 59,542 shares to satisfy tax withholding requirements, such that the Reporting Person was issued 159,927 shares.
F2 Granted pursuant to and in accordance with the Company's stock incentive plan.